MU is trading at $415.36 (+3.04%) as analysts raise price targets following reports of sold-out AI memory supply through 2026.
- Susquehanna lifted its target to $525 from $345 and Citigroup raised its target to $430 from $385, both citing unprecedented demand for AI-related hardware.
- The stock continues to outperform the broader market, building on a 3.54% gain from the previous session that significantly outpaced the Nasdaq's 0.39% rise.